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2. DEPOSITS OF $2000 ARE MADE AT THE END OF EACH MONTH FOR TWO YEARS INTO AN ACCOUNT PAYING 9% PER YEAR COMPOUNDED MONTHLY, AS

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2. DEPOSITS OF $2000 ARE MADE AT THE END OF EACH MONTH FOR TWO YEARS INTO AN ACCOUNT PAYING 9% PER YEAR COMPOUNDED MONTHLY, AS ANY INTEREST ACCRUES IT IS IMMEDIATELY INVESTED INTO A SECOND ACCOUNT PAYING 6 % PER YEAR COMPOUNDED MONTHLY. a) AT THE END OF TWO YEARS, WHAT IS THE TOTAL AMOUNT IN BOTH ACCOUNTS? b) IF THE $2000 DEPOSITS WERE MADE AT THE BEGINNING OF EACH MONTH, WHAT WOULD THE TOTAL AMOUNT IN BOTH ACCOUNTS BE AT THE END OF TWO YEARS

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